About BFFAX
American Funds The Bond Fund of America® Class F-3 is an actively managed intermediate core bond mutual fund designed to provide a high level of current income while preserving capital. This fund primarily invests in a diversified portfolio of bonds and other debt securities, allocating at least 80% of its assets to these instruments, which may include derivatives. At least 60% of its holdings are in investment-grade debt rated A3/A- or better, or in securities of equivalent quality as determined by the investment adviser. The fund emphasizes exposure to U.S. government securities, high-quality corporate bonds, mortgage-backed securities, and a modest allocation to foreign bonds, reflecting its broadly diversified approach.
With more than 1,450 holdings and a large asset base exceeding $92 billion, the fund is a significant player in the fixed income market, offering monthly income distributions. Its conservative credit quality orientation and focus on risk management make it a key instrument for investors seeking stability and income within their portfolios. The fund does not employ ESG criteria in its security selection and is managed by an experienced team with an average tenure of nearly a decade, contributing to its reputation for disciplined, research-driven management.
Fund Family Capital Group
Category Intermediate Core Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol BFFAX
Share Class Class F-3
Index Bloomberg U.S. Aggregate Bond TR
BFFAX had a total return of -2.17% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.76%.
